It is an investment, a great idea if they play

the card right.

1. Chinese Gov has too much USD reserved. A push to re-evaluate Yuan will make millions of those USD vaporize. Smart ideas for US, bad idea for Chinese Gov.

So what can they do? Having a company like BX to help them invest, and hopefully grow those money. Perfect way to diversify.

2. Chinese Gov does not have the experience/connections to invest outside. BX has the experience and connection, AND the proven record.

3. Many deals that it is just no appropriate for Chinese Gov to do. Can you image Chinese Gov buy a US company, lay off lot of people, then bring the Co to IPO again? No way, they can't even get the approval of the politicians. However, BX can do that.

4. Of course, the high power level people have there interests in it too.

所有跟帖： 

• what if BX files for bankruptcy? -xyz2001- ♂ (83 bytes) () 07/03/2007 postreply 18:46:11

• Is that possible? -JR98- ♂ (408 bytes) () 07/03/2007 postreply 19:39:02